Client Engagements

Department of Homeland Security, Transportation Security Administration (TSA)
Plough-Back Financial works with TSA program offices, providing cost estimating support services and related workshop instruction. We prepare independent government cost estimates (IGCE) and lifecycle cost estimates (LCCE); similarly, we validate vendor cost proposals for accuracy and price reasonableness. Plough-Back developed TSA’s LCCE workshop and guide, which primarily cover work breakdown structures, estimating methods, sensitivity and risk analysis, and a LCCE preparation process.

Department of Homeland Security, Office of Financial Management (OFM)
Plough-Back Financial teamed with the Office of Financial Management to identify, disclose, and correct abnormal balance transactions posted to the general ledger (G/L). We researched and identified over $500 million in abnormal balance transactions across DHS components. At the conclusion of the engagement, we corrected approximately $100 million or 20% of the abnormal balances; and we documented business process improvements intended to reduce inaccurate G/L transactions and, effectively, improve the fidelity of financial reporting.

Department of Homeland Security, United States Secret Service, Financial Crimes Division
Plough-Back Financial teamed with the Financial Crimes Division (FCD) of the United States Secret Service (USSS), managing all aspects of seized and forfeited currency—pursuant to the Treasury Forfeiture Fund program. We prepared dispositions for seized and forfeited currency, and directed these funds either to holding accounts, law enforcement sharing agencies, or petitioners. Our team spearheaded the due diligence effort required to prepare the quarterly “roll-forward” audit, resulting in the reconciliation of $30 million in seized and forfeited currency assets.